InterviewSolution
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What are the trends in Big Data? |
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Answer» In the early days of Big Data, it was accessible only to the Big businesses. As the technologies RELATED to Big Data were costly, so the SMALL businesses were not able to make use of it. But with the growth of cloud and ALLIED technologies now even the small enterprises are tapping the potential of big data and making big out of it. More and more businesses are now turning to predictive analytics to drive sales and growth. There is also an increase in the number of connected devices. So, a large amount of data is being generated which contains insights that when harnessed can PROVE to be a boon for the enterprises. The trend is now to make use of machine learning and AI to gain an extra edge and remain competitive in the market. The trend is now shifting from on-premise processing to online/cloud processing. It relieves businesses from heavy UPWARD investments. They are now able to make use of the latest technologies and tools with a minimal/affordable cost. Because of these- cost per usage basis- trends, nowadays even the small enterprises are now able to have access to the Big Data Tools and Technologies and increasing efficiencies across all levels. |
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